MIMihika Industries538895Quarterly results

Unaudited Q2/H1 results: total assets Rs. 2,422.39 lakh; auditor notes balances pending confirmation

Integrated update (Financial) for the quarter and half year ended 30 September 2026.

By ScoutQuest · Tue 3 Nov 2026, 7:43 PM IST · 2 min read

Net profit before tax (six months)

Rs. 6.61 lakh, against Rs. 7.77 lakh a year earlier

Operating cash flow

Rs. (218.02) lakh

Total assets

Rs. 2,422.39 lakh vs Rs. 2,215.81 lakh audited

What was shared

• The Integrated update (Financial) for the quarter and half year ended 30 September 2026.
• The results are unaudited but have been reviewed by the statutory auditors, Kapil Kumar Agarwal & Associates, and approved by the Board.
• The notes describe the company's business as trading of agricultural products, and state that there are no reportable segments.

Balance sheet (Rs. in Lacs)

• Total assets: 2,422.39 unaudited, against 2,215.81 audited
• Total equity: 2,203.60, against 2,196.99
• Inventories: 467.55, against 230.55
• Non-current loans: 605.40, against 717.79
• Non-current investments: 895.17
• Cash and cash equivalents: 1.72, against 2.52
• Other current assets: 191.40, against 3.80
• Other current liabilities: 200.99, against 0.73

Profit and cash flow (six months ended 30 September, Rs. in Lacs)

• Net profit before tax: 6.61, against 7.77 a year earlier
• Net cash from operating activities: (218.02), against (317.38)
• Net cash used in investing activities: (895.17)
• Net cash from financing activities: 1,112.39, against 317.71
• Net decrease in cash and cash equivalents: (0.80); closing cash 1.72, against 1.74

Auditor's emphasis of matter

• Trade receivables, trade payables, loans and advances (including deposits given or received) and borrowings are subject to confirmation and reconciliation.
• Direct confirmations from customers, vendors and loan counterparties have not been received, so these balances have not been reconciled with the company's books of account.
• Sales and purchases for the period were confirmed on the basis of data and information provided by management.
• The auditor states that any adjustments required on receipt of confirmations, and their impact on the financial statements, are not ascertainable, and that the review conclusion is not modified on this account.

Other statements in the update

• Deviation or variation in proceeds of a public issue, rights issue, preferential issue or QIP: marked Not Applicable.
• Outstanding default on loans and debt securities: marked Not Applicable, with the company stating there is no default in payment of outstanding loans, revolving facilities or unlisted debt securities.
• Related party transactions: marked Not Applicable.
• Impact of audit qualifications: marked Not Applicable.

Points a retail reader may want to note

• The balance sheet is made up largely of investments, non-current loans and inventories rather than cash; cash and cash equivalents are 1.72 lakh, or Rs. in Lacs as printed.
• Operating cash flow was negative for the half year at (218.02) lakh, and financing inflows of 1,112.39 lakh were the main source of funds.
• The auditor's note on balances awaiting confirmation and reconciliation is worth reading alongside the numbers, because reported receivable, payable, loan and borrowing figures can change once confirmations come in.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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